When the DoJ greenlit the merger of AT&T and Time-Warner, they blessed a union that might see one of technology’s most notorious monopolists get even greater, with the presumption that scaling as much as unimaginable dimension would curb a horrible firm’s worst abuses.
No such luck.
Every AT&T buyer pays a small […]
We’re into the fifth week of the Poor People’s Campaign: A National Call for a Moral Revival, a nationwide rebellion over the state of the richest nation on the earth, the place 140,000,000 folks reside at or beneath the poverty line (America is historical past’s first rich poor country).
As the motion sweeps […]
GDP and inventory market efficiency are the 2 metrics that economists (and politicians) use to measure the well being of a nation’s financial system, and by these metrics, Trump is doing a hell of a job.
These are oblique proxies for the well being of a nation: when there’s plenty of financial exercise […]
A very long time in the past, weight problems was usually used as a shorthand for wealth, however over the a long time weight problems has turn out to be increasingly more correlated with poverty, each in tradition and science (whereas wealth is more and more correlated with being slim).
The pattern is […]
Jordan is broke, because of falling tax revenues resulting from tax avoidance and low taxes on the super-rich, and the nation is in search of to bridge the hole in its funds by borrowing from the International Monetary Fund, which backed a invoice that imposed crushing cuts on public providers to make sure that […]
Americans’ median earnings is $60,000 — however the common American could not stump up $500 to bail themselves out of an emergency, and a 3rd of Americans cannot afford meals, shelter and healthcare.
It’s a paradox: Americans have a comparatively excessive degree of earnings, and client items are cheaper within the USA than […]
Supreme Court Justice Neal Gorsuch used his stolen Supreme Court seat to hold the day for companies towards employees in Epic Systems Corp. v. Lewis, ruling that employers may power potential staff to signal away their authorized proper to take part at school motion fits as a situation of employment.
This signifies […]
The Vatican has revealed
“‘Oeconomicae et pecuniariae quaestiones’. Considerations for an ethical discernment regarding some aspects of the present economic-financial system” of the Congregation for the Doctrine of the Faith and the Dicastery for Promoting Integral Human Development, 17.05.2018, a prolonged report on the wickedness of Wall Street, wherein the finance trade is […]
It’s true that the 1% have gathered a large share of America’s nationwide wealth; however simply as vital is the cohort of execs — “well-behaved, flannel-suited crowd of lawyers, doctors, dentists, mid-level investment bankers, M.B.A.s with opaque job titles, and assorted other professionals” — who model themselves because the “meritocratic middle class” however who […]
If you might be an oligarch or legal trying to exfiltrate and launder your cash, London property markets have been your go-to asset class: London lux is real-estate that behaves like money, due to the lengthy line of oligarchs and criminals who’ll pay money in your safe-deposit field within the sky on a number […]